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Bitcoin jumps above $17,000, ether surges 8% as cryptocurrency prices today jump

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Bitcoin jumps above ,000, ether surges 8% as cryptocurrency prices today jump

Cryptocurrency costs at this time rose with the world’s largest and hottest digital token Bitcoin’s value at this time was buying and selling greater than 4% greater at $1,018. Alternatively, Ether, the coin linked to the ethereum blockchain and the second largest cryptocurrency, additionally rose by greater than 7% to $1,272.

“Bitcoin gained about 4% on Tuesday over the day gone by. BTC began the week with a low of $16,054 and surged above the $16,900 stage prior to now 24 hours. This surge noticed BTC climbing from about $16,200, which has been in play for the previous two weeks. If the value strengthens within the upward route, we might see extra bulls getting into the market and pushing BTC above the $17,000 stage quickly. The second largest cryptocurrency, Ethereum, has additionally elevated, buying and selling above the $1,270 stage. Bulls may seemingly push ETH above the $1,300 stage at this time,” stated Edul Patel, CEO and Co-founder, Mudrex.

The worldwide cryptocurrency market cap at this time remained under the $1 trillion mark, even because it was up within the final 24 hours to $895 billion, as per the info by CoinGecko.

In the meantime, dogecoin value at this time was buying and selling greater than 6% greater at $0.10 whereas Shiba Inu was up over 2% at $0.000009. Different crypto costs’ at this time efficiency additionally improved as Binance USD, Avalanche, Tether, Terra, Stellar, Polkadot, Solana, Uniswap, ApeCoin, Tron, Polygon, XRP, Cardano, Chainlink, Litecoin costs have been buying and selling with beneficial properties over the past 24 hours.

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US cryptocurrency brokerage Genesis stated it was looking for to keep away from chapter after Bloomberg information reported on Tuesday that collectors to the agency are organizing with restructuring legal professionals to forestall insolvency.

The crypto lending arm of US digital asset dealer Genesis Buying and selling suspended buyer redemptions earlier this month, citing the sudden failure of FTX, the place its derivatives enterprise has roughly $175 million in locked funds, the corporate had stated. It had warned potential traders that it might must file for chapter if its efforts to boost money fail, halted redemptions shortly after revealing on Nov. 10 that it had $175 million locked in an FTX buying and selling account.

Crypto costs have remained beneath stress this month after the collapse of Sam Bankman-Fried’s FTX empire. Now, traders are watching different crypto firms to see how far the contagion may unfold.

(With inputs from companies)

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Chinese Expert Links Trump's Tariffs to Rapid De-dollarization and US Dollar Decline – Economics Bitcoin News

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Chinese Expert Links Trump's Tariffs to Rapid De-dollarization and US Dollar Decline – Economics Bitcoin News
Chinese Expert Links Trump's Tariffs to Rapid Dedollarization and Dollar DeclineTrump’s sweeping tariffs ignite global fears of dollar decline as China and BRICS eye rapid de-dollarization shift. Trump’s Trade War Accelerates De-dollarization, Says Chinese Finance Expert Tariff policies introduced by U.S. President Donald Trump this month have drawn sharp criticism from Chinese academic Zheng Runyu, who suggested that the measures could have serious consequences for […]
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WTAS: Sen. Cruz Leads the Fight for Cryptocurrency | U.S. Senator Ted Cruz of Texas

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WTAS: Sen. Cruz Leads the Fight for Cryptocurrency | U.S. Senator Ted Cruz of Texas

WASHINGTON, D.C. – U.S. Sen. Ted Cruz (R-Texas) continues to make news for his leadership in the cryptocurrency space. Last week, President Trump signed his resolution into law overturning a Biden-era rule that would have undermined American leadership in cryptocurrency. Significantly, this is also the first cryptocurrency bill to ever be signed into law.

Read more about Senator Cruz’s leadership and accomplishments for Bitcoin and cryptocurrency below.

THE DALLAS EXPRESS: Cruz Control: Celebrating Cryptocurrency Win After Trump Signs New Law

“Senator Ted Cruz declared a win for the cryptocurrency community when President Donald Trump signed his Congressional Review Act into law.

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Cruz has emerged as one of crypto’s most vocal advocates in the Senate. The senator has introduced a series of bills aimed at boosting the industry, and fending off what he views as federal overreach into digital financial systems.”

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CRYPTO IN AMERICA: Trump Makes History Signing First Crypto Bill into Law

“The bill, introduced under the Congressional Review Act by Republican Senator Ted Cruz (R-TX) to repeal the IRS’s so-called ‘DeFi broker rule,’ passed the Senate on March 26 with overwhelming bipartisan support in a 70–28 vote.

‘This rule would have undermined American leadership on cryptocurrency, and I am grateful to President Trump for signing my resolution into law,’ Cruz, who attended the signing ceremony Thursday afternoon, told Crypto In America. ‘The resolution is a victory for innovation, privacy, and economic freedom.’”

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INSIGHTS: The First U.S. Crypto Law is Now in Effect! Trump Has Eliminated DeFi Regulations!

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“The rules faced quick backlash. Critics argued they would hinder DeFi development. Republican Senator Ted Cruz pushed to repeal these rules, and now he has Trump’s support. Cruz attended the signing ceremony and stated, ‘This regulation will undermine America’s leadership in crypto. I thank President Trump for signing my resolution into law.’

Cruz added, ‘We are protecting developers building the future of cryptocurrency. We clearly state that America will not cede digital leadership to China. We will preserve the ability for Americans to trade without government interference.’”

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DECRYPT: Ted Cruz Introduces FLARE Act to Repurpose Flared Gas for Bitcoin Mining

“U.S. Senator Ted Cruz (R-TX) has introduced a new bill aiming to turn waste energy into electricity for Bitcoin mining.

Cruz specifically pointed to crypto mining as a direct output of this extra energy. In a statement announcing the bill’s introduction, he said that it, ‘takes advantage of Texas’s vast energy potential, reinforces our position as the home of the Bitcoin industry, and is good for the environment.’”

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THE STREET ROUNDTABLE: Senator Ted Cruz proposes bill to power Bitcoin mining with wasted gas

“With Bitcoin mining still at the center of the debate over cryptocurrency’s environmental footprint, U.S. Senator Ted Cruz has introduced legislation intended to change the narrative — and the power source.

Cruz emphasized the bill’s environmental and economic angles in a statement released when it was announced…Cruz’s measure could be considered part of a larger political drive to keep crypto innovation — and energy consumption — inside U.S. limits with a climate-conscious touch to mining.”

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CRYPTO.NEWS: Ted Cruz introduces FLARE Act to incentivize Bitcoin mining with waste gas

“United States Senator Ted Cruz has introduced a new bill that offers tax incentives for cryptocurrency miners using flared natural gas to power mining operations.

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By turning stranded gas into usable energy, Cruz and supporters argue the bill would not only cut emissions but also boost energy innovation and grid resilience, especially during periods of peak demand or extreme weather.”

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CRYPTOSLATE: Senator Ted Cruz introduces FLARE Act to repurpose flared gas for Bitcoin mining

“Senator Ted Cruz introduced legislation on April 1 to repurpose flared gas and use it to generate ‘value-added products,’ like mining Bitcoin (BTC) and other digital assets.

According to Cruz, the bill simultaneously addresses two challenges: reducing oil and gas industry emissions and encouraging energy use innovation.”

BACKGROUND

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  • Sen. Cruz introduced the Facilitate Lower Atmospheric Released Emissions (FLARE) Act, incentivizing entrepreneurs and crypto miners to use natural gas that would otherwise be stranded.
  • Sen. Cruz introduced the Anti-CBDC Surveillance State Act, legislation that prohibits the Federal Reserve from issuing a central bank digital currency (CBDC). This bill passed with an overwhelming bipartisan support.
  • Sen. Cruz passed a joint resolution of disapproval overturning the IRS’s Gross Proceeds Reporting rule for brokers handling digital asset sales.
  • Sen. Cruz authored the Adopting Cryptocurrency in Congress as an Exchange of Payment for Transactions Resolution, also known as the ACCEPT Resolution.
  • Sen. Cruz introduced an amendment to repeal a provision from the 2021 infrastructure package that created new reporting requirements for many cryptocurrency and blockchain companies in both the 117th and 118th Congresses.

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Cryptocurrency and Blockchain Market May See a Big Move | Top Key Players Bitcoin, Ethereum, Ripple

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Cryptocurrency and Blockchain Market May See a Big Move | Top Key Players Bitcoin, Ethereum, Ripple

Cryptocurrency and Blockchain Market

Contact Us:

Saroj Agrawal (PR & HTF Market Insights just released the Global Cryptocurrency and Blockchain Market Study, a comprehensive analysis of the market that spans more than 143+ pages and describes the product and industry scope as well as the market prognosis and status for 2025-2032. The marketization process is being accelerated by the market study’s segmentation by important regions. The market is currently expanding its reach.

Major companies profiled in Indoor Air Quality Equipment Market are:

Bitcoin, Ethereum, Ripple, Cardano, Binance, Tether, Solana, Polkadot, Chainlink, Litecoin, Stellar, Dogecoin, Shiba Inu, Uniswap, Aave

Request PDF Sample Copy of Report: (Including Full TOC, List of Tables & Figures, Chart) @ 👉 https://www.htfmarketinsights.com/sample-report/2982245-cryptocurrency-and-blockchain-market?utm_source=Saroj_openpr&utm_id=Saroj

HTF Market Intelligence projects that the global Cryptocurrency and Blockchain market will expand at a compound annual growth rate (CAGR) of 57 % from 2025 to 2032, from 12.4 Billion in 2025 to 31.28 Billion by 2032.

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Our Report Covers the Following Important Topics:

By Type:

Digital currencies, Blockchain platforms, Smart contracts, DeFi applications, NFTs

By Application:

Digital payments, Decentralized finance, Asset trading, Supply chain management, Identity verification

Definition:

Cryptocurrency and Blockchain Market involves the use of blockchain technology to support digital currencies and decentralized applications, enabling secure, transparent, and efficient transactions without intermediaries.

Dominating Region:

North America

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Fastest-Growing Region:

Asia-Pacific

Market Trends:

Decentralized finance, Smart contracts, NFTs, Blockchain-friendly regulations, Institutional-grade infrastructure

Market Drivers:

Institutional adoption, DeFi expansion, Blockchain integration, Increasing consumer interest, Regulatory developments

Market Challenges:

Regulatory uncertainty, Volatility, Security threats, Limited awareness, Technical challenges

The titled segments and sub-section of the market are illuminated below:

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In-depth analysis of Cryptocurrency and Blockchain market segments by Types: Digital currencies, Blockchain platforms, Smart contracts, DeFi applications, NFTs

Detailed analysis of Cryptocurrency and Blockchain market segments by Applications: Digital payments, Decentralized finance, Asset trading, Supply chain management, Identity verification

Global Cryptocurrency and Blockchain Market -Regional Analysis

• North America: United States of America (US), Canada, and Mexico.

• South & Central America: Argentina, Chile, Colombia, and Brazil.

• Middle East & Africa: Kingdom of Saudi Arabia, United Arab Emirates, Turkey, Israel, Egypt, and South Africa.

• Europe: the UK, France, Italy, Germany, Spain, Nordics, BALTIC Countries, Russia, Austria, and the Rest of Europe.

• Asia: India, China, Japan, South Korea, Taiwan, Southeast Asia (Singapore, Thailand, Malaysia, Indonesia, Philippines & Vietnam, etc.) & Rest

• Oceania: Australia & New Zealand

Buy Now Latest Edition of Cryptocurrency and Blockchain Market Report 👉 https://www.htfmarketinsights.com/buy-now?report=2982245

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Cryptocurrency and Blockchain Market Research Objectives:

– Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.

– To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).

– To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.

– To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.

– To deliberately profile the key players and systematically examine their growth strategies.

FIVE FORCES & PESTLE ANALYSIS: Five forces analysis-the threat of new entrants, the threat of substitutes, the threat of competition, and the bargaining power of suppliers and buyers-are carried out to better understand market circumstances.

• Political (Political policy and stability as well as trade, fiscal, and taxation policies)

• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)

• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)

• Technological (Changes in digital or mobile technology, automation, research, and development)

• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)

• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

Get customized report 👉 https://www.htfmarketinsights.com/customize/2982245-cryptocurrency-and-blockchain-market?utm_source=Saroj_openpr&utm_id=Saroj

Points Covered in Table of Content of Global Cryptocurrency and Blockchain Market:

Chapter 01 – Cryptocurrency and Blockchain Executive Summary

Chapter 02 – Market Overview

Chapter 03 – Key Success Factors

Chapter 04 – Global Cryptocurrency and Blockchain Market – Pricing Analysis

Chapter 05 – Global Cryptocurrency and Blockchain Market Background or History

Chapter 06 – Global Cryptocurrency and Blockchain Market Segmentation (e.g. Type, Application)

Chapter 07 – Key and Emerging Countries Analysis Worldwide Cryptocurrency and Blockchain Market

Chapter 08 – Global Cryptocurrency and Blockchain Market Structure & worth Analysis

Chapter 09 – Global Cryptocurrency and Blockchain Market Competitive Analysis & Challenges

Chapter 10 – Assumptions and Acronyms

Chapter 11 – Cryptocurrency and Blockchain Market Research Methodology

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Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Japan, Australia or Southeast Asia.

Nidhi Bhawsar (PR & Marketing Manager)

HTF Market Intelligence Consulting Private Limited

Phone: +15075562445

sales@htfmarketintelligence.com

About Author:

HTF Market Insights is uniquely positioned to empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience

This release was published on openPR.

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